How To Drift?

Hey guys. I was wondering on how do you drift? and what are some good parts to have?

What vehicle you starting out with, and you are using a large open parking lot with nothing to get in your way right?

I think the most important thing to have would be a LSD. I've seen some buddies of mine drift stock 20 valve corollas with a 2 way diff. It defs helps out!